OJK Will Immediately Announce Fintech’s Legal Protection


The Financial Services Authority (OJK) will immediatelly launch a new regulation called the Digital Financial Innovation (IKD). The regulation will be officially released on August 2018. This regulation is a legal protection that will arrange Indonesian company which have core business in financial technology (fintech) industry. Head of Digital Finance Innovation and Micro Finance Development…

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My Business Store, The Involvement of Telkomsel in Fintech Industry


Recently Telkomsel plans to do business with the type of the financial services that are still booming, financial technology (financial technology / fintech) service. According to this Indonesian company, Telkomsel’s My Business Store marketplace already has a fintech solution in it. "Later, fintech will focus on SMEs (Small Medium Enteprises) that are not bankable," said…

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Jamkrindo Targets To Cooperate With Fintech Companies


Indonesian Credit Guarantee State Owned Companies (Jamkrindo) will increase the cooperation with financial technology (fintech) company.It is to expand its business Jamkrindo business. "For this year, maximum we are targeting to work with two to three fintech, but the possibility is only two (companies) so that in the end of the year we already work…

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Fintech Sharia Increase Rapidly As Market Demand


Until february 2018 the amount of money that could be distributed by sharia commercial banks and sharia business units have reached about Rp 282.1 trillion. However according to the Financial Services Authority (OJK), the amount have gone down 1.3% compared to last year that was able to reach Rp 285.7 trillion. While financial technology (Fintech),…

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Foreign Investors Still Interested in Local Lending Fintech


The financial Technology (fintech) businessmen based on peer-to-peer lending believe the interest of lenders from abroad or foreign investors to invest to Indonesia’s fintech will continue to grow from time to time. The management of PT Investree Radhika Jaya (Investree) agrre with thier interest. They stated that the interest of foreign investors in local fintech…

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Media Company Starts Developing Fintech Business Line


As one of the largest media companies in Indonesia, PT Tempo Inti Media Tbk recently has collected a comprehensive profit of Rp 3,063 billion in 2017. As an anticipation of the condition of media business (especially printed media) that have not been ascertained due to the booming of online media, the company needs to make…

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